Subscribe to Central Bank of Sri Lanka RSS

News

46th SAARCFINANCE Governors’ Group Meeting

The Central Bank of Sri Lanka, as the chair, hosted the 46th SAARCFINANCE Governors' Group Meeting on 24 October 2024 in Washington D.C. on the sidelines of the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group. Attendees included governors, deputy governors, finance secretaries, and other representatives from the central banks and finance ministries of SAARC member states.  

The Central Bank of Sri Lanka Releases the Financial Stability Review for the Year 2024

In terms of Section 70(1) of the Central Bank of Sri Lanka Act, No. 16 of 2023, the Central Bank of Sri Lanka released its annual Financial Stability Review (FSR) for 2024. This statutory report provides an assessment of the stability of the financial system, identifies and evaluates the associated risks and vulnerabilities, and outlines the policy measures implemented by the Central Bank and other regulatory authorities.

Strengthening Corporate Governance Practices in Licensed Banks

The Central Bank of Sri Lanka (CBSL) wishes to announce the issuance of the Banking Act Directions No. 05 of 2024 on Corporate Governance for Licensed Banks on 30.09.2024. These Directions were issued with a view to strengthening the corporate governance processes and practices of the licensed commercial banks and licensed specialised banks (hereinafter referred to as licensed banks), thus facilitating the conduct of banking business in a responsible and accountable manner in order to promote safety and soundness of the banking sector and the financial system as a whole.

CCPI based headline inflation dipped into the negative territory in September 2024

Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) entered into negative teritory, recording a deflation of 0.5% in September 2024, for the first time since September 2015.

External Sector Performance August 2024

The external sector continued the positive momentum in August 2024 with robust inflows of workers' remittances and a notable increase in exports, despite a slowdown in tourist earnings compared to the previous month.

Pages